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Electric vehicle telematics market to expand rapidly

Demand for electric vehicle telematics is set to expand at a rapid rate, according to a new report from Pike Research.

It suggests that nearly nine out of 10 plug-in electric vehicles sold during this year will include a basic telematics package – and that this will grow to 94 per cent by 2017. Indeed annual revenue from the market will reach $1.4billion by the same year.

Telematics systems are split into two varieties within the report. There are basic telematics systems that provide data connections for emergency systems, charging equipment locations and vehicle monitoring; and connected vehicle telematics that will provide live traffic information, as well as streaming content, weather information and so on.
More thegreencarwebsite.co.uk

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